Talisman Energy Given Average Recommendation of “Hold” by Brokerages (NYSE:TLM)
Shares of Talisman Energy (NYSE:TLM) have received an average recommendation of “Hold” from the ten analysts that are presently covering the company, AnalystRatings.Net reports. Eight equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $12.63.
Several analysts have recently commented on the stock. Analysts at Credit Suisse downgraded shares of Talisman Energy from an “outperform” rating to a “neutral” rating in a research note on Wednesday. Separately, analysts at Zacks reiterated a “neutral” rating on shares of Talisman Energy in a research note on Thursday, July 24th. They now have a $12.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Talisman Energy in a research note on Friday, July 18th. They now have a $14.00 price target on the stock, up previously from $13.00.
Shares of Talisman Energy (NYSE:TLM) opened at 10.37 on Wednesday. Talisman Energy has a 52 week low of $9.63 and a 52 week high of $13.38. The stock has a 50-day moving average of $10.44 and a 200-day moving average of $10.44. The company’s market cap is $10.721 billion.
Talisman Energy (NYSE:TLM) last posted its quarterly earnings results on Tuesday, July 29th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.29. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.33 billion. During the same quarter in the previous year, the company posted $0.06 earnings per share. Analysts expect that Talisman Energy will post $0.28 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Tuesday, September 30th. Stockholders of record on Monday, September 15th will be paid a dividend of $0.0675 per share. This represents a $0.27 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Thursday, September 11th.
Talisman Energy Inc (NYSE:TLM), is an oil and gas producers, through a combination of exploration, development and acquisitions.
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